136 SW 3rd AvenueCastle RockWA98611
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Castle Rock at 136 SW 3rd Avenue, Castle Rock, WA, 98611 listed at $459,900 pairs $1,306/mo rent with a $2,251/mo payment. Total monthly income runs $1,306/mo. Return on cash invested measures 8.43% in year one, and rental yield registers 3.41% at a $459,900 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,062 by year five. Five-year ROI tracks 41.06% and total cumulative return in cash totals $62,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,306/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
6,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98611, Castle Rock, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,323 (100%) |
| Owner Occupied HU | 3,452 (79.9%) |
| Renter Occupied HU | 610 (14.1%) |
| Vacant Housing Units | 261 ( 6.0%) |
| Median Home Value | $467,354 |
| Average Home Value | $502,413 |
Housing Distribution
Address Breakdown
Residential
3,772
Single Family
3,748
Multi-Family
24
Businesses
203
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Listed by: Kelsey Nelson • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2469683